Bachelor’s programme

Finance

This programme equips future financial experts with skills that will respond to technological changes and global market trends.

Egle Rastenyte, ISM Finansu bakalauro studiju alumne.
The competencies provided at the university are very solid, so even with little work experience I was invited to join one of the largest financial technology companies in the world – Nasdaq.
Eglė Rastenytė
Senior Financial Controller at Nasdaq, ISM alumna
Bachelor’s programme

Get to know the study programme

This programme equips future financial experts with skills that will respond to technological changes and global market trends.
English
3 years + 6 months bachelor thesis
Bachelor of Business Management
210 ECTS
Discover the World of Finance
07:14
Dr. Dmitrij Katkov
Head of Finance programme
Money certainly makes the world go round! In this program students learn how to manage money of households, companies and even countries in an efficient and ethical way. We place an emphasis on partnerships with local and international financial institutions, professional associations so that students can stay abreast of the latest trends in the industry.
Dmitrij Katkov, ISM Finansu bakaluro studijus direktorius.
#SignatureCourses
Laszlo Lakatos
Advanced Financial Accounting
This accounting course focuses on fundamental aspects of accounting, including financial instruments, revenue recognition, various types of leases, and group accounting. It provides a detailed examination of financial reporting within the context of the Global Accounting System (IFRS). This comprehensive program equips students with in-depth knowledge of various financial instruments, such as stocks, bonds, and derivatives, along with the skills needed to accurately classify, measure, and report on these instruments in accordance with IFRS. By immersing themselves in the principles of IFRS, our students acquire practical skills that enable them to navigate the dynamic landscape of international accounting standards with ease. They also gain insights into financial reporting, risk management, legal compliance, and group accounting. Through the analysis of real-world examples and the application of their knowledge in practice, students are well-prepared for careers in finance as specialists with the experience and expertise required in the globalized financial world.
Laszlo Peter, ISM Bakaluras, Finansai, Finansu Apskaita.
Silviu Ursu
FinTech Ecosystem and Management
This course is designed to introduce students to the main concepts and trends of the 21st century that are specific to financial institutions and financial instrument markets. It emphasizes innovative technologies and mobile apps developed by the entrepreneurial community, which are increasingly integrated into the financial system. Understanding FinTech will help students grasp the ongoing wave of change.
Silviu Ursu, ISM, Finansu bakaluro studijos, Fintech.
Dr. Dmitrij Katkov
Personal Finance
This accounting course focuses on fundamental aspects of accounting, including financial instruments, revenue recognition, various types of leases, and group accounting. It provides a detailed examination of financial reporting within the context of the Global Accounting System (IFRS). This comprehensive program equips students with in-depth knowledge of various financial instruments, such as stocks, bonds, and derivatives, along with the skills needed to accurately classify, measure, and report on these instruments in accordance with IFRS. By immersing themselves in the principles of IFRS, our students acquire practical skills that enable them to navigate the dynamic landscape of international accounting standards with ease. They also gain insights into financial reporting, risk management, legal compliance, and group accounting. Through the analysis of real-world examples and the application of their knowledge in practice, students are well-prepared for careers in finance as specialists with the experience and expertise required in the globalized financial world.
Dmitrij Katkov, ISM Finansu bakaluro studijus direktorius.
Dmitrij Katkov, ISM Finansu bakaluro studijus direktorius.Laszlo Peter, ISM Bakaluras, Finansai, Finansu Apskaita.Silviu Ursu, ISM, Finansu bakaluro studijos, Fintech.Dmitrij Katkov, ISM Finansu bakaluro studijus direktorius.
Your studies

Program structure

Semesters
1
2
3
4
5
6
7

What will I learn?

You will learn what finance is and how to manage it
You will learn the basic principles of financial accounting
ISM and guest lecturers will teach you about finance both theoretically and practically

What will I learn?

You will learn what finance is and how to manage it
You will learn the basic principles of financial accounting
ISM and guest lecturers will teach you about finance both theoretically and practically

What will I learn?

You will learn all about stocks, bonds, what options and futures are
You will also study financial markets and how they work
You will learn how to calculate return on investment.

What will I learn?

You will learn all about stocks, bonds, what options and futures are
You will also study financial markets and how they work
You will learn how to calculate return on investment.

What will I learn?

You will learn to determine the value of a company through financial analysis
You will understand how to make a future economic forecast
You will learn what machine learning is and how artificial intelligence can be applied in finance

What will I learn?

You will be able to use all the knowledge gained during your studies and internship in writing a bachelor's thesis to solve a real problem in a real company
Your future specialty

What can I be?

Financial Analyst

Stockbroker

Investment fund manager

Tax consultant

Financial advisor

Auditor

Founder of a fintech startup

Erikas Šveistys, ISM, finansu bakalauro alumnas.
I have always imagined myself solving complex problems that bring high added value to a company. As a data analyst, this is exactly what I do. Every day I encourage myself to think differently than yesterday. Studying at ISM University refined my analytical skills and shaped my way of thinking. The ability to ask the right questions learned here makes it easier for me to deal with everyday business issues.
Erikas Šveistys
Financial Analyst at Orion Securities, ISM alumnus
What makes ISM special?

What makes ISM special?

Supportive Community

ISM is a boutique university where members have the opportunity to get to know each other well, including both students and business representatives. Here, professors remember your name and are familiar with your journey. We learn and celebrate together. ISM hosts a variety of student clubs and is guided by the idea of lifelong learning.
ISM community exhibits highly competitive environment, which both permits students to bring the best version of themselves along with creation of strong and resourceful network.
Vytenis Kukulskis (Ekonomikos ir Politikos bakalauro alumnas). ISM Universitetas, Ekonomikos ir Duomenu analitikos bakalauro studijos.
Vytautas Kukulskis
Alumnus of ISM Economics and Politics Bachelor’s programme
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Life at ISM

What makes ISM special?

Close Relationship with Business

In classes, students constantly tackle current business issues. Our students even complete internships in companies twice during their studies to better discover what suits them. The result? Business representatives highly value ISM students and alumni!
As an ISM student, I participated in visits to top Vilnius companies, including EY Lithuania, where I now work. These visits helped me build connections, explore career options, and showcase my skills to my current employer.
Yung Mihdi Nyelle ISM Universitetas, Bakalauro studentstudijos
Yung Mihdi Nyelle
Accounting Consultant at EY, ISM University student
ism university business
Life at ISM

What makes ISM special?

Located in the Heart of Vilnius

We’ve revitalized a historic building right in the heart of Vilnius. Here, in the lively Gedimino Avenue, you’ll find some of Lithuania’s largest companies and institutions. From the terrace where our community enjoys coffee together, you’ll have a breathtaking view of Gediminas’ Tower!
The campus is truly inspiring. I believe that having the opportunity to view the beautiful architecture in this location through G7’s large windows is incredibly motivating for students to pursue their goals.
Karolina Maria Orr ISM Universitetas
Karolina Maria Orr
Public Relations Account Executive, ISM University alumna
ISM Universitetas, Bakalauro studijos. Kuo ypatingos studijos? ISM - Vilniaus centre.
Life at ISM

What makes ISM special?

Internationality

Right here in the heart of Vilnius, you’ll feel like you’re abroad, as ISM boasts many international professors, and your fellow students come from various countries around the world. Here, you’ll build a strong international network. And if you wish, you’ll have the opportunity to earn a double degree with universities in France or Norway.
One of the strongest things I took away from ISM is the belief that I can achieve anything I want. Because during your studies you get to meet people from various cultures, you quickly learn that you have a lot more opportunities and don’t necessarily have to limit yourself to one market, such as Lithuania, for example.
Deividas Matačiūnas, ISM Vadybos ir Ekonomikos universitetas, Bakalauro studijos, foto
Deividas Matačiūnas
Technical Data Analyst at Sunrise, ISM University alumnus
ISM Vadybos ir ekonomikos universitetas, stundetai, foto
Bachelor’s studies

Programme benefits

ism programme icons
Easier access to the CFA® certification
This study program is designed to meet the requirements for the CFA® First Level Exam
ISM web programu ikonos
Cutting-edge analysis methods
You will use the international Bloomberg terminal for financial analysis.
ISM web programu ikonos
Practical approach
You will solve real business cases.
ISM web programu ikonos
Tangible benefits in reality
You will learn to manage the financial flows of companies and institutions.

Opportunities abroad

ISM, Finansu bakalauras, Studiju turas i Londona.
Unique opportunity

Study tour to the world’s financial capital – London

An opportunity to get to know the London Stock Exchange, the Bank of England, the CFA Institute, and other institutions in the world’s financial capital
ISM Universitetas, Bakalauro studijos. Dvigubas diplomas su BI Norwegian Business School.
Double degree program

Double degree with BI Norwegian Business School

Study in Norway, in one of the world’s 1 percent of Triple Crown-accredited universities (AMBA, EQUIS, AACSB).
ism university erasmus
Student exchange

100+ university exchange partners worldwide

One third of which have at least one prestigious business university accreditation (AACSB, EQUIS, AMBA).

ISM community speaks

ismuniversity
ISM Instagram reel campaign
🎓✨ Join us on a little journey behind the scenes 🎬 of both ISM student lives and our campaign #pasiryžęeitipirmyn!
ismuniversity
Karolina Maria Orr Reel ISM Instagram reel
ISM ✈️ NYC
ismuniversity
Kilo Health ISM instagram reel
A colorful Wednesday ✋! Kilo Health hosted our Economics and Data Analytics students at their office to...
ismuniversity
Marius Raugalas ISM instagram reel
How do you remain at the forefront of the ever-evolving #marketing industry?

The programme introduced me to not only a broader look at the economy, financial markets, investments, and personal finance but also helped to get a job faster.

Aiste Butkeviciute, ISM Finansu bakalauro alumne.
Aistė Butkevičiūtė
Financial Controller at Modus Mobility, ISM alumna

Price, financing, and admissions

Tuition fees

ISM University charges a tuition fee. The fee is paid every semester. The same price applies both to EU and non EU students.

2990 EUR — Economics and Politics

2990 EUR — Economics and Data Analytics

2990 EUR — Finance

2990 EUR — International Business and Communication

2990 EUR — Business Management and Marketing

3490 EUR — Entrepreneurship and Innovation

Application fee

The application fee is 100 EUR. Till 2024.04.30 there is no application fee for EU, EEA, CIS and EaP countries applicants.

It must be paid by transfer to the bank account of the ISM University of Management and Economics, and the receipt certifying the payment must be submitted to the enrolment system. Application fee is non-refundable.

Scholarships

Scholarships are available for all bachelor’s programmes

Best International applicants who will be applying for 2023 September intake can get a scholarship that covers up to 100%* of the tuition fee. Once granted, scholarships will continue to apply in the next semester provided that the student’s average mark is not lower than the average mark of the course and the student has no failures or penalties. Only the best applicants will be granted with scholarships by admission committee decision.

Opportunity to get a SCHOLARSHIP up to 100% (only for early applicants)

Students who apply during the early admission period (November 1 – April 30) can expect to get a scholarship up to 100%. To get a scholarship, students are required to take ISM’s Test, which consists of three parts: English language, Mathematics and Logical Thinking.

Scholarships will be issued by the end of May to those students who:

  • Have the highest average grades from school
  • Are highly motivated
  • Perform well on ISM’s Tests

ISM achievement scholarship

Even more motivation to study well at ISM university! Undergraduate students with the highest grades are awarded an Achievement Scholarship, which covers as much as 25 percent of the annual tuition fees.

The university offers as many as 10 Achievement Scholarships for each course. Scholarships are awarded for academic achievement to those with the highest weighted average in the same course. At the end of the academic year, a competitive queue will be formed based on annual students’ results, according to which the Achievement Scholarships are awarded.

If you have any questions, please contact the International Admissions team by e-mail bs@ism.lt

Admission rules

ISM runs a three-step selection process: fulfillment of eligibility criteria, online interviews, and an online Admissions Tests (for candidates who seek a scholarship).

How to apply?

To begin: Check eligibility

To be eligible to apply to ISM, a candidate must meet the following requirements:

  • A secondary school education completed in 2024 or earlier.
  • International English Language Exam or ISM English Test results* :
    • TOEFL (minimum score of IBT 60 points);
    • IELTS (minimum score of 6);
    • Cambridge English test Level B2 Certificate (minimum score of 165);
    • ISM English test (minimum score of 55) ;
    • English state exam result is equal or higher than Level B2 if applicant is from Estonia or Latvia;
  • State mathematics examination or, if the person has not taken this exam, the ISM mathematics test results.

* Individuals, whose previous educational mode of instruction was in English may be exempted from the English language test (applicable to entrants from EU, EEA, CIS and EaP countries). Applicants from the above countries may take the state English language exam instead of the International Foreign Language Exam or the ISM English language test. After the motivational interview, the ISM admission commission reserves the right to request the applicant to take the ISM English language test.

All applicants who fulfill the formal entry requirements are welcome to submit an online application form.

Detailed admission instructions can be found HERE

Investing in studies pays off

1200
Average Lithuanian salary after graduating from other universities
1940
Average Lithuanian salary after completing ISM studies
~130
Monthly payment after graduation when studying with a student loan.*
*When Euribor is equal to 0. More information: State-sponsored student loan

Admission

At ISM University of Management and Economics, you can apply for studies three times a year during the early, main, and supplementary admissions.
Time remaining until the end of early admission
Consultation

Considering studies at ISM?

Register for a consultation and we will answer all your questions! Or have you already chosen a study program? Then apply online.
Contacts
 Ilona Misiuk, ISM International Projects Manager
Ilona Misiuk
International Projects Manager
+370 697 57 586 ilona.misiuk@ism.lt

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